News: Rhode Island

Moo Print Ltd. of London leases space at Waterman Ave.

Moo Print Ltd., a U.K.-based printing company that specializes in personalized cards, plans to open its first U.S. office in Rhode Island this spring. The print-on-demand stationery company's local office will be located on Waterman Ave. Brian Murphy, Moo's vice president of operations, who was recruited to manage Moo's launch, will head up the Rhode Island office. The company expects to open in East Providence with six to eight employees and expand to 10 by the end of the year. Moo had been debating whether to expand into the Boston area or the San Francisco area, Murphy said. It decided to move to the East Coast "for a variety of reasons," including his personal fondness for Providence, he said. Murphy explored leasing spaces in Providence's Jewelry District or on West Exchange St., but when neither option worked out he signed the one-year lease in East Providence, he said. The company could move closer to the capital city in the coming years, he said. Moo, which was founded in 2006, decided to open an American office to reduce shipping times to U.S. customers, who account for more than 50% of the firm's sales. Moo plans to hire an operations manager and a new customer service team to work out of the East Providence office. The company, which currently has 35 employees at its two London offices, has received startup funding from The Accelerator Group, based in London; Waltham, Mass.-based Atlas Venture; and Geneva-based Index Ventures. Reprinted in part from the March 2, 2009 Providence Business News online http://www.pbn.com/stories/40681.html. Story by Ted Nexi, PBN staff writer.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary